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Magna International Diploma Mechanical Engineer salaries in Pune

Annual salary range
1 - 5 years exp.
₹1.8 Lakh - ₹3 Lakhs
Salary of majority employees
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At par with the average Diploma Mechanical Engineer Salary in Auto Components Companies for 1 - 5 years of experience

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Last Updated: 6 Oct 2023

Companies similar to Magna International for Diploma Mechanical Engineer in Pune

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Magna International Diploma Mechanical Engineer Salary

1 - 5 years exp. (8 salaries)

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₹1.8 L/yr - ₹3 L/yr

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Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹3 L/yr

arrow icon 9% less
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₹1.1 L/yr - ₹5.2 L/yr

arrow icon 2% more
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₹1.7 L/yr - ₹3.2 L/yr

arrow icon 7% more
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Bajaj Auto Diploma Mechanical Engineer Salary

0 - 6 years exp. (47 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 14% more
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₹1.8 L/yr - ₹4 L/yr

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₹1.8 L/yr - ₹2.6 L/yr

arrow icon 6% less
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Faurecia Diploma Mechanical Engineer Salary

0 - 7 years exp. (11 salaries)

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₹1.6 L/yr - ₹2.6 L/yr

arrow icon 12% less
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Bosch Diploma Mechanical Engineer Salary

1 - 6 years exp. (8 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 8% more
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₹1.5 L/yr - ₹3.4 L/yr

arrow icon 4% more
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Yazaki Diploma Mechanical Engineer Salary

1 - 5 years exp. (4 salaries)

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₹1.4 L/yr - ₹2 L/yr

arrow icon 32% less
Diploma Mechanical Engineer salary at Magna International ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Diploma Mechanical Engineer in Pune

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Experience wise Magna International Diploma Mechanical Engineer salaries in Pune

Last Updated: 6 Oct 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.8 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary
(63 salaries)
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₹4.2 L/yr - ₹13.76 L/yr
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₹1.45 L/yr - ₹5.5 L/yr
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₹1.8 L/yr - ₹7 L/yr
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₹4.75 L/yr - ₹16.39 L/yr
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₹8.9 L/yr - ₹30.8 L/yr
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₹2.4 L/yr - ₹3.3 L/yr
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₹2.5 L/yr - ₹3.5 L/yr

Salary related reviews for Magna International

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Rated by 1 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 10 Sep 2022

1.0
 for  Salary and Benefits

Likes

Work- Personal life can be balanced. Fixed duty hours. Supportive superiors. On time salary. Transportation and canteen facilities are free.

read more

Dislikes

Salary packages are not as per skills and experience. Very low salary packages as a mnc and also compair to other mnc. Salary structure is not good.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 30 Jan 2024

2.0
 for  Salary and Benefits

Likes

Learning curve was very good at magna, there is lot of opportunities to learn and improve your skill.

Dislikes

Salary is very less competitive, I used to get less than market value I guess. Work is culture is not so good, observed partially, favorism and retaliation from the manager. Hard work is not appreciated and recognized.

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Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 21 Nov 2021

1.0
 for  Salary and Benefits

Likes

Change in management is bringing visteon friends only.No internal growth. New joiner will be made fool with high joining salary and then as the years go by there will be no increament given.This management is know for twisting and moulding the rules.

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Dislikes

Everything.no growth or oppurtunity.No increments.

Full Time

 · 

Research & Development Department

5.0
  •  posted on 18 Jun 2020

2.0
 for  Salary and Benefits

Likes

Till lockdown magna provided complete salary and support.

Dislikes

Unfortunately I lost job in this corona crisis. They provided complete assistance to onrolll employees but not for all contract people. So all they lost there job.

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Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 06 Sep 2023

5.0
 for  Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

read more

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

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Magna International Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Magna International Pune?
Diploma Mechanical Engineer salary at Magna International in Pune ranges between ₹1.8 Lakhs to ₹3.0 Lakhs for experience between 1 years to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Magna International Pune.
Which similar companies are paying more than Magna International to a Diploma Mechanical Engineer in Pune?
  • Bajaj Auto Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
  • Bosch Diploma Mechanical Engineer Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year
  • Mahindra & Mahindra Diploma Mechanical Engineer Salary - ₹1.7 Lakhs to ₹3.2 Lakhs per year
  • Dana India Diploma Mechanical Engineer Salary - ₹1.5 Lakhs to ₹3.4 Lakhs per year
  • Tata Motors Diploma Mechanical Engineer Salary - ₹1.1 Lakhs to ₹5.2 Lakhs per year
What is the salary of a Diploma Mechanical Engineer in companies similar to Magna International in Pune?
  • Force Motors Diploma Mechanical Engineer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • Bosch Chassis Systems Diploma Mechanical Engineer Salary - ₹1.8 Lakhs to ₹2.6 Lakhs per year
  • Bharat Forge Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year
  • Faurecia Diploma Mechanical Engineer Salary - ₹1.6 Lakhs to ₹2.6 Lakhs per year
  • Yazaki Diploma Mechanical Engineer Salary - ₹1.4 Lakhs to ₹2.0 Lakhs per year
What is the estimated take home salary of a Diploma Mechanical Engineer at Magna International in Pune?
The estimated take-home salary of a Diploma Mechanical Engineer at Magna International ranges between ₹17,333 per month to ₹19,036 per month in Pune. The take-home salary calculation is based on the average Magna International Diploma Mechanical Engineer salary in India which ranges between ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Diploma Mechanical Engineer at Magna International in Pune?
According to AmbitionBox, 33% of the Magna International Diploma Mechanical Engineers in Pune reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Magna International Diploma Mechanical Engineer salary in Pune ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Magna International latest salaries received from various employees of Magna International.